Is LUNA the New DOGE?

The price movements of LUNA and LUNC tokens seem to be more in line with those of meme tokens like DOGE and SHIB.

TradingView price chart shows Terra's native token LUNA slid as low as 33% on Monday. (TradingView)
It is clear from the chart that the price of LUNA has been in decline in recent days, falling as low as 33% on Monday. This is a significant drop and is sure to cause concern for those invested in the token.